£115,164
This estimated value is based upon the latest sale price for the house of £67,000 on 10 Jan 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £67,000 | 10 Jan 2012 |
| £45,000 | 20 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in January 2012 the House Price Index for GREATER MANCHESTER was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £67,000 results in an estimated price of approximately £115,164.
| 10 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.888 % | £67,000 | £48,164 | £115,164 |
The Postcode Pricing Model uses changes in average sales price within the M9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 162.174 % | £108,656 | £175,656 |
| 3 Month Average | 71.952 % | £48,208 | £115,208 |
| 6 Month Average | 73.615 % | £49,322 | £116,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £190,000 | £190,000 | 7 FINNINGLEY ROAD |
| 1 Mar 2024 | £170,000 | £170,000 | 10 BRANKSOME DRIVE |
| 6 Apr 2023 | £161,742 | £160,000 | 113 CALDECOTT ROAD |
| 24 Feb 2023 | £139,906 | £140,000 | 90 HEATON PARK ROAD |
| 14 Feb 2023 | £324,781 | £325,000 | 68 HEATON PARK ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Aug 2011. Using an estimated price of £115,165 means this house is valued at £1,370 per sq meter (£127 per sq foot).
The average size of a house on TORCROSS ROAD is 94 sq meters (1,012 sq feet).